Business Context and Reporting Period
This Form 8-K is filed by New York Mortgage Trust, Inc. (Note: The request metadata lists "ADAMAS TRUST, INC.", but the filing text identifies the registrant as New York Mortgage Trust, Inc.) on March 26, 2009. The report discloses historical results of operations and financial condition for the three months and the full year ended December 31, 2008, pursuant to Regulation FD and Item 2.02.
Key Financial Metrics
The filing text serves as a cover document referencing a press release (Exhibit 99.1) for detailed financial data. Consequently, specific values for revenue, profit, cash flow, margins, debt, and liquidity are not provided in the text of this Form 8-K.
Material Changes and Dividend Declarations
While historical performance metrics are not detailed in this text, the filing announces the following material corporate actions:
- Common Stock Dividend: The Board declared a cash dividend of $0.18 per share for the quarter ending March 31, 2009. It is payable on April 27, 2009, to stockholders of record on April 6, 2009.
- Preferred Stock Dividend: The Board declared a dividend of $0.50 per share on Series A Cumulative Convertible Redeemable Preferred Stock for the first quarter of 2009. It is payable on April 30, 2009, to stockholders of record on March 31, 2009.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies. It explicitly states that the information is not deemed "filed" under Section 18 of the Exchange Act and is not incorporated by reference into other filings except as expressly set forth.
Investor Verification Checklist
- Verify the detailed financial results for the three months and year ended December 31, 2008, by reviewing Exhibit 99.1 (Press Release dated March 26, 2009), as this Form 8-K does not contain the numbers.
- Confirm the record dates and payment dates for the declared common and preferred stock dividends.
- Check for any subsequent filings that may incorporate the press release by reference for liability purposes.